In which Category of Scheme of Mutual Fund you will classify 'Dhan Suraksha Scheme' and why ?

The 'Dhan Suraksha Scheme' of XYZ Mutual Fund would be classified as a Balanced Fund Scheme (also known as Hybrid Fund Scheme). Reasoning: The scheme initially invested 75% of its corpus in Debt Securities and the balance (25%) in Equities. Furthermore, it allowed for shifting between Debt Securities and Equities depending on market conditions. This characteristic of investing in a mix of both debt and equity instruments, with the flexibility to adjust the allocation, is the defining feature of a Balanced or Hybrid Fund. These funds aim to provide a balance between growth (from equities) and stability/income (from debt), catering to investors seeking moderate risk and return.